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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
OPERATING ACTIVITIES:      
Net income $ 85,385 $ 45,222 $ 54,070
Adjustments to reconcile net income to net cash provided from operating activities:      
Depreciation 13,464 9,957 8,064
Deferred income and expense, net of amortization (1,323) (1,534) 1,541
Amortization of core deposit intangibles 7,061 3,164 1,990
Loss (gain) on sale of securities, net (843) 540 (42)
Net change in valuation of financial instruments carried at fair value 2,620 813 (1,374)
Purchases of securities—trading (1,725) (6,338) (2,387)
Proceeds from sales of securities—trading 7,839 4,419 2,387
Principal repayments and maturities of securities—trading 3,746 9,535 27,709
Bargain purchase gain on acquisition 0 0 (9,079)
(Increase) decrease in deferred taxes 7,883 (3,906) 2,966
(Decrease) increase in current taxes payable (2,184) (1,519) 11,771
Equity-based compensation 3,435 3,486 2,269
Increase in cash surrender value of BOLI (4,507) (2,481) (1,788)
Gain on sale of loans, net of capitalized servicing rights (17,713) (10,716) (6,080)
Gain on disposal of real estate held for sale and property and equipment (1,389) (391) (1,076)
PROVISION FOR LOAN LOSSES 6,030 0 0
Provision for real estate held for sale 876 216 36
Origination of loans held for sale (1,063,328) (709,035) (361,859)
Proceeds from sales of loans held for sale 880,890 677,166 367,888
Net change in:      
Other assets 3,759 (7,319) (2,310)
Other liabilities (6,664) 4,090 3,370
Net cash (used by) provided from operating activities (76,688) 15,369 98,066
INVESTING ACTIVITIES:      
Purchases of securities—available-for-sale (243,115) (141,989) (58,705)
Principal repayments and maturities of securities—available-for-sale 191,534 113,431 62,520
Proceeds from sales of securities—available-for-sale 369,755 232,620 56,267
Purchases of securities—held-to-maturity (60,344) (13,357) (38,961)
Principal repayments and maturities of securities—held-to-maturity 11,009 12,978 9,194
Loan originations, net of repayments (46,042) (32,675) (144,152)
Purchases of loans and participating interest in loans (314,301) (323,533) (194,381)
Proceeds from sales of other loans 233,419 124,407 11,277
Net cash received from acquisitions, net of branch divestitures 0 24,208 127,557
Proceeds from Sale of Property, Plant, and Equipment 14,513 4,740 4,923
Purchases of property and equipment (16,239) (12,072) (5,935)
Proceeds from FHLB stock repurchase program 80,681 48,843 8,354
Purchase of FHLB stock (77,130) (23,634) 0
Other 2,707 1,092 (2,025)
Net cash provided from (used by) investing activities 146,447 15,059 (164,067)
FINANCING ACTIVITIES:      
Increase in deposits, net 66,346 226,821 68,938
Repayment of long term FHLB borrowing (95,009) (8) (8)
Advances, net of (repayments) of overnight and short-term FHLB borrowings 16,400 (120,400) 5,000
Increase (decrease) in other borrowings, net 7,360 16,140 (5,871)
Cash dividends paid (28,282) (17,170) (13,462)
Cash proceeds from issuance of shares for shareholder reinvestment plan 0 34 127
Cash paid for repurchase of common stock (50,772) 0 0
Net cash (used by) provided from financing activities (83,957) 105,417 54,724
NET CHANGE IN CASH AND CASH EQUIVALENTS (14,198) 135,845 (11,277)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 261,917 126,072 137,349
CASH AND CASH EQUIVALENTS, END OF YEAR 247,719 261,917 126,072
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:      
Interest paid in cash 16,722 12,252 10,929
Taxes paid in cash 36,153 27,256 13,047
NON-CASH INVESTING AND FINANCING TRANSACTIONS:      
Loans, net of discounts, specific loss allowances and unearned income, transferred to real estate owned and other repossessed assets 9,146 4,456 3,493
Dividends accrued but not paid until after period end 7,662 6,271 3,570
ACQUISITIONS (Note 3):      
Assets acquired 0 4,829,748 221,206
Liabilities assumed $ 0 $ 4,249,751 $ 212,127